News

Vista updates study to revive Hycroft

Vancouver — Spurred by high gold prices, Vista Gold (VGZ-T, VGZ-X) is taking another stab at reviving the dormant Hycroft gold-silver mine near Winnemucca, Nev….


Who’ll control Iran’s uranium?

Large, controlled explosions are everyday occurrences in the world’s mines, but it’s been a while since a mine has been the target of a major military attack….


Chinese officials visit Saskatchewan potash mine

Officials from China were in Saskatchewan in late February to study the safety practices of several of the province’s mines, including the K2 underground potash mine, 210 km northeast of Regina, where…


IMA updates Navidad

Vancouver — IMA Exploration (IMR-V, IMR-X) has tabled an updated resource estimate for its embattled Navidad silver-lead project in the northern Patagonia region of Argentina….


Taking de-hedge off

The pace of quarterly de-hedging fell to its lowest level in more than two years with a modest 490,000-oz. (15.2-tonne) cut in the delta-adjusted hedge book in the 3-month quarter ended Dec. 31, 2005….


People (February 27, 2006)

Minco Mining and Metals — Heinz Frey appointed director; Roberts Tyson appointed VP of corporate development; Hans Wick retired as director….


Lonmin confirms rumours

Platinum producer Lonmin (LNMIF-O, LMI-L) has confirmed that it has been in “preliminary discussions” with a possible buyer, but did not identify the other party….


‘Disgust’ and ‘concern’

I would like to express my disgust and concern at the editorial titled “All OK at K2” (T.N.M., Feb. 10-16/06), and the fact that a reputable national journal would sully its pages with such a prejudic…


Spot Prices Tuesday, Feb. 21, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $553.40 +12.90
Silver $9.49 +0.27
Platinum…


Alexco picking up Keno Hill mine

Vancouver — Newly listed Alexco Resource (AXR-T) is acquiring the assets of past Yukon silver producer United Keno Hill Mines, including mineral rights on the United Keno Hill proj…


Goldcliff aims to revive Hedley basin

Vancouver — Historic gold districts typically host more than one mine, but an exception is the Hedley basin of southwestern British Columbia, which has produced an estimated 2.5 million oz. gold from…


Cusac, clarifies Taurus resource

Vancouver — Cusac Gold Mines (CQC-T, CUSIF-O) was quick to inform American Bonanza Gold (BZA-T, ABGFF-O) that about one-third of the recently tabled gold resourc…


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